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Determine the contribution margin per unit sold

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Reference no: EM132893205

Question - Macy Corporation's relevant range of activity is 6,900 units to 14,500 units. When it produces and sells 10,700 units, its average costs per unit are as follows:

 Average Cost per Unit

Direct materials $5.30

Direct labor $3.75

Variable manufacturing overhead $1.75

Fixed manufacturing overhead $3.30

Fixed selling expense $1.05

Fixed administrative expense $0.75

Sales commissions $1.00

Variable administrative expense $0.65

If the selling price is $30.00 per unit, determine the contribution margin per unit sold?

Reference no: EM132893205

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